This paper presents a synthetic travel demand for the Greater São Paulo Metropolitan Region of Brazil, entirely based on open data and representative observed demand. The open-source extendable pipeline creates path from raw to and, further, downstream agent-based mobility simulation. An advantage this approach is that it enables reproduction therefore, provides foundation repeatability studies...

Empirical factor demand analysis typically involves making a choice from among several competing non-nested functional forms. Each of the commonly used factor demand systems, such as Translog, Generalized Leontief, Quadratic, and Generalized McFadden, can provide a valid and useful empirical description of the underlying production structure of the firm. As there is no theoretical guidance on s...

It is common wisdom that individuals behave strategically in economic environments. We consider Fisher markets with Leontief utilities and study strategic behaviors of individual buyers in market equilibria. While simple examples illustrate that buyers do get larger utilities when behaving strategically, we show that the benefits can be quite limited: We introduce the concept of incentive ratio...